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MONEY MARKETS-Traders see Fed holding U.S. rates until June
[Reuters] - U.S. interest rates futures were steady to slightly higher on Tuesday on expectations the Federal Reserve will leave interest rates unchanged until mid-2017 as policy-makers await clarity on fiscal policies from the Donald Trump administration. Fed policy-makers begin their first meeting in 2017 where they are widely expected to leave the target range on interest rates at 0.50-0.75 percent after raising it by a quarter point in December. Prices of stocks and other risky assets had risen since Trump's U.S. presidential win on Nov. 8 as investors piled on pro-growth bets the he and a Republican-controlled Congress will slash taxes and regulations, and boost infrastructure spending, to which the Fed could respond with faster rate increases.
MONEY MARKETS-Traders see Fed holding U.S. rates until June - Yahoo Finance
[Reuters] - U.S. interest rates futures were steady to slightly higher on Tuesday on expectations the Federal Reserve will leave interest rates unchanged until mid-2017 as policy-makers await clarity on fiscal policies from the Donald Trump administration. Fed policy-makers begin their first meeting in 2017 where they are widely expected to leave the target range on interest rates at 0.50-0.75 percent after raising it by a quarter point in December. Prices of stocks and other risky assets had risen since Trump's U.S. presidential win on Nov. 8 as investors piled on pro-growth bets the he and a Republican-controlled Congress will slash taxes and regulations, and boost infrastructure spending, to which the Fed could respond with faster rate increases.
MONEY MARKETS-Traders see Fed holding U.S. rates until June - Yahoo Finance
